Notes

Arif Efendi shares his insight on Crypto Investments together with businessman Arif Efendi

Arif Efendi a successful businessman and investor has realized that cryptocurrency could be a legitimate investment tool. This article shares his experiences and knowledge.

Arif Elfendi explains the differences between stocks and crypto
If you're an investor it is important to understand the distinctions between stocks and cryptocurrency. Stocks and cryptocurrency have some similarities though they are not the same.

The cryptocurrency is an asset that is digital and money whose transactions have been documented and verified using an uncentralized system through cryptography . It doesn't have the authority of a central authority. Stocks, also referred to as securities or equity, are the ownership of a particular portion of a business.

Capital appreciation is one of the main reason for people to invest in crypto and stocks. This is particularly true when the assets they hold rise in value.

Why do people invest in stocks and cryptocurrencies
Stocks are bought for voting or to influence the decisions of the company. Also, they invest to receive dividends which the company distributes to its shareholders.

It is easy now to invest digitally in shares and crypto through the next-generation marketplace.

While the process may seem the same, there are still significant distinctions. The Securities and Exchange Commission regulates the markets for stocks, but you can trade crypto anytime of the day from your smartphone or smart phone.

Trade in crypto using fiats or any other crypto trading pair.

Trading Crypto vs. Swing Trading
It is possible to wonder why trading in crypto despite its volatility is more profitable.

With a substantial market capitalization that is a good indicator of a 5%-10% swing in the crypto. However, smaller cryptocurrencies could achieve 10x or more per day.

This is a rare stock.

As an example, if $1000 had been placed in Solana on January 1, 2021 at $1.837, the investment would be worth $182,000 now at $182.

https://belleten.gov.tr/tam-metin-pdf/1323/tur don't have to be a poor investor in crypto investing. A person who isn't familiar with the subject may be curious about how the money is made. It is not controlled by any central entity.

Thus, their value is in the form of supply and production, as well as demand and adoption.

Understanding the Supply and Demand in cryptocurrency
From our textbook on economics, we can recall that if demand for an asset rises higher than supply, the cost of the asset will go up.

For example, an earthquake can trigger water prices to rise in certain areas. The same economic principle applies in the cryptocurrency.

We are approaching the point of mass adoption, and institutions such as MicroStrategy or even a country like Ecuador are betting big on cryptocurrencies. This is a fantastic moment to be alive!

It is important to recognize the risks of volatility
The worth of cryptocurrency fluctuates and down as does the market for stocks. Many people desire to become cryptocurrency-savvy and earn a 100x profit.

Although there's no way to know for certain whether an investment will keep earning It is important to know which time and location to invest.

Warren Buffet once said, "Be fearful of others being greedy and be greedy for people who are scared."

Many people who work in the field of cryptocurrency are worried. The bear markets are the most profitable times to invest in crypto. If the value of the currency drops. When Harry, Dick and Tom panic-sell.

People who are anxious and worried could end up losing their assets. Create a list to identify cryptocurrencies that you wish to invest and watch for the flames of red to light up.

Another excellent time to buy is during weekends when most institutions are closing trades.

There is a major change taking place right now, from traditional investment strategies which require you to collaborate with a broker. It is now modern methods where you can buy cryptocurrency at home.

What Cryptocurrency Do I need to Buy?
If you go to Coinmarketcap.com, there are many cryptocurrencies available.

My favorite was Solana. POLIS, AVAX and ATLAS were in close proximity.

It is now simpler than ever before to track and monitor your favorite coin. Tabtrader is an application which lets you track every swing and see when it's time to make a profit or purchase more.

If your cryptocurrency was kept for a time you can get airdrops, and then transfer them into accounts. Trustwallet. Imtoken. Myetherwallet.

Keep a copy of your 12-word word phrase in the event that your host device gets lost or stolen.

Conclusion
All this information makes you your own bank and permit you to transact anywhere and anytime you want.

You might get enough of a return to aid your favorite charities.

You can follow Arif Efendi on Twitter here: https://twitter.com/arifouo


My Website: https://reporterbyte.com/technology/1407/businessman-arif-efendi-shares-insights-on-crypto-investment/